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During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this … study is to assess the effectiveness of retrenchment strategies in the context of bankruptcy, as the most severe form of … empirical results show that stakeholder support and deep cost retrenchment increase the likelihood of survival and performance …
Persistent link: https://www.econbiz.de/10012508070
Persistent link: https://www.econbiz.de/10011405347
pratique.(VA)Strategy communication is a central part of CEOs’ strategic activities. Recent research on strategic discourse … talks to different stakeholders (senior managers, members of the board, investors). Our results contribute to better … understand the role of strategy rhetoric in the enactment of a strategic order, and bring original insights to the “strategy as …
Persistent link: https://www.econbiz.de/10005111129
The organization’s culture-strategy binomial requires a consistent approach of the external and internal factors that … all integrated into the same logic, focusing on getting a better competitive position and meeting the stakeholders …
Persistent link: https://www.econbiz.de/10008620584
This paper investigates whether the debt quality matters and the role of debt maturity choice. At corporate level, the mismatch between the debt maturity and other performance drivers widespread unexpected risks. Shortening the maturity incentivise more liquid investments, usually the less...
Persistent link: https://www.econbiz.de/10013064919
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Countries (Czech Republic, Spain, Italy, France, Slovakia, and the United Kingdom). We find that Integrated Rating model can …
Persistent link: https://www.econbiz.de/10012956057
In the U.S., individuals who file for bankruptcy can protect a certain amount of property from creditor liquidation during the debt settlement process. Our analysis exploits changes in these laws to determine the impact on home mortgage lending. We find that the additional debtor protection...
Persistent link: https://www.econbiz.de/10012895091
In the U.S., individual parties who file for bankruptcy can exempt a certain dollar amount of property from creditor liquidation during the debt settlement process. We examine the effect of changes to these protection laws on bank lending to small businesses. Our results indicate that additional...
Persistent link: https://www.econbiz.de/10012898163
crisis management must resolve. In situations of economic decline, the need for change at the organizational level is …
Persistent link: https://www.econbiz.de/10012864819